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Number of unemployed Nigerians rises from 17.6m to 20.9m in 9 months – NBS

Data made
available by the National Bureau of Statistics have shown that the number of
unemployed Nigerians has risen to 20.9 million from 17.6 million within the
space of nine months.

The report,
which was released on Wednesday, contained the employment trends from Q4 2017
to Q3 2018. According to the report, the working-age population (people between
15 – 64 years) increased from 111.1 million to 115.5 million.

“The total number of people in employment (i.e
with jobs) increased from 68.4 million in Q3 2015 to 68.72 million in Q3 2016,
to 69.09 million in Q3 2017 and 69.54 million in Q3 2018,” the report read.

“The total number of people in full-time
employment (at least 40 hours a week) increased from 51.1 million in Q3 2017 to
51.3 million in Q3, 2018.

“The total number of people in
part-time employment (or underemployment) decreased from 13.20 million in Q3
2015 to 11.19 million in Q3 2016 but increased to 18.02 million in Q3 2017 and
to 18.21 million in Q3 2018.

“The total number of people
classified as unemployed, which means they did nothing at all or worked too few
hours (under 20 hours a week) to be classified as employed increased from 17.6
million in Q4 2017 to 20.9 million in Q3 2018.”